Key Market Indicators
Kosovo's defense expenditure is projected to hit approximately $104 million by 2028, rising from around $85 million in 2023. This marks an average annual growth rate of 3.2%. Since 2013, the country's defense spending has surged by an average of 6.2% annually. In the global rankings for 2023, Kosovo was positioned at number 130, with Guyana slightly ahead at $85 million. The leading nations in defense spending continue to be China, Russia, and India, occupying the second, third, and fourth spots respectively.